Space: Exploration and exploitation in a modern society
Space: Exploration and exploitation in a modern society
Space: Exploration and exploitation in a modern society
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<strong>Space</strong>: <strong>Exploration</strong> <strong>and</strong> <strong>exploitation</strong> <strong>in</strong> a <strong>modern</strong> <strong>society</strong><br />
Economic impact of fund<strong>in</strong>g space research<br />
Avanti<br />
Communications’<br />
share-price<br />
performance<br />
illustrat<strong>in</strong>g how<br />
growth of the UK<br />
space <strong>in</strong>dustry<br />
consistently<br />
outstrips broader<br />
economic growth.<br />
Courtesy: Avanti<br />
Communications<br />
260<br />
240<br />
220<br />
200<br />
180<br />
160<br />
Avanti Communications Group Plc<br />
UK FTSE All-Share (Rebased)<br />
FTSE AIM All-Share Index (Rebased)<br />
140<br />
120<br />
100<br />
80<br />
2008<br />
Jun<br />
Jul Aug Sep Oct Nov Dec Jan<br />
2009<br />
Feb<br />
Mar Apr May<br />
<strong>Space</strong>-science discoveries <strong>and</strong> technology<br />
development will cont<strong>in</strong>ue to go h<strong>and</strong> <strong>in</strong> h<strong>and</strong>.<br />
This was the message from Mr Williams. His<br />
company Avanti Communications was founded on<br />
basic research <strong>and</strong> applied science, he said. It is the<br />
first European company to launch a satellite-based<br />
super-fast broadb<strong>and</strong> service serv<strong>in</strong>g customers<br />
<strong>in</strong> rural areas. The underp<strong>in</strong>n<strong>in</strong>g technology<br />
stems from ESA’s Advanced Research <strong>in</strong><br />
Telecommunications Systems (ARTES) programme,<br />
which enables European <strong>in</strong>dustry to explore<br />
new ideas for satellite-communications products<br />
<strong>and</strong> services. The new broadb<strong>and</strong> service will<br />
contribute towards the implementation of the<br />
government’s “Digital Brita<strong>in</strong>” policy to secure<br />
the UK’s position as one of the world’s lead<strong>in</strong>g<br />
digital-knowledge economies.<br />
Mr Williams po<strong>in</strong>ted out that the UK holds a<br />
dom<strong>in</strong>ant position <strong>in</strong> the space <strong>in</strong>dustry because<br />
it has built up a critical mass of knowledge<br />
<strong>and</strong> human resources over a long period that<br />
makes it difficult for others to compete. “The<br />
UK has a very lean <strong>and</strong> focused attitude towards<br />
space, concentrat<strong>in</strong>g on cutt<strong>in</strong>g-edge payloads,<br />
<strong>in</strong>strumentation <strong>and</strong> small platforms. The result<br />
is that we have generated a seven-fold return on<br />
<strong>in</strong>vestment from the ARTES budget,” he said.<br />
Some of the world’s most successful space<br />
companies are based <strong>in</strong> the UK, support<strong>in</strong>g<br />
70 000 jobs <strong>and</strong> a highly skilled workforce. As well<br />
as Avanti Communications, they <strong>in</strong>clude: Europe’s<br />
lead<strong>in</strong>g space company Astrium; Infoterra,<br />
which is a leader <strong>in</strong> Earth-observation services;<br />
Inmarsat, which is the world’s most profitable<br />
telecommunications company; Paradigm, which<br />
provides military satellite-communications<br />
services; <strong>and</strong> Surrey Satellite Telecommunications,<br />
which pioneered low-cost satellites. Downstream<br />
<strong>in</strong>dustries such as Sky TV have also flourished.<br />
“We should be very proud of our <strong>in</strong>dustry,” said<br />
Mr Williams.<br />
Accord<strong>in</strong>g to the lead<strong>in</strong>g economic forecast<strong>in</strong>g<br />
consultancy, Oxford Economics, the global space<br />
<strong>in</strong>dustry is set to grow by 15% a year. However,<br />
Mr Williams warned that the UK must ma<strong>in</strong>ta<strong>in</strong><br />
its momentum of develop<strong>in</strong>g <strong>and</strong> exploit<strong>in</strong>g<br />
cutt<strong>in</strong>g-edge space technologies <strong>in</strong> the face of<br />
grow<strong>in</strong>g competition from emerg<strong>in</strong>g economies<br />
such as Ch<strong>in</strong>a <strong>and</strong> India. “We need to be<br />
cont<strong>in</strong>ually <strong>in</strong>vest<strong>in</strong>g <strong>in</strong> applied space research<br />
<strong>and</strong> convert<strong>in</strong>g it <strong>in</strong>to commercial services. This<br />
requires that the science <strong>and</strong> bus<strong>in</strong>ess sectors<br />
work <strong>in</strong> harmony,” he expla<strong>in</strong>ed.<br />
3<br />
S p a c e : Ex p l o r a t i o n a n d e x p l o i t a t i o n <strong>in</strong> a m o d e r n s o c i e t y August 2 0 0 9